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Section 3 – The Banking Regulation Act,1949

The Banking Regulation Act,1949

Section 3. Act to apply to co-operative societies in certain cases

1[Act to apply to co-operative societies in certain cases. Nothing in this Act shall apply to.

(a) a primary agricultural credit society;

(b) a co-operative land mortgage bank; and

(c) any other co-operative society, except in the manner and to the extent specified in Part V.]

——————–

1. Substituted by Act 23 of 1956, Section 12, for the former Section 12, for the former section w.e.f. 1-3-1966.

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The Banking Regulation Act,1949

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